If your marriage is ending, you are probably experiencing a lot of overwhelming stress worrying about how to do everything correctly. The financial and emotional impacts of divorce may impact you for the rest of your life.
There are a lot of common mistakes that divorcing couples make. Here are some pitfalls you should avoid:
Say that you divorced a few years ago from your children's other parent. She has always been a high earner, making at least two times what you did. In fact, you may even have stayed at home for a while when your children were young, and that set you back a few years professionally.
When you divorced, you and your co-parent worked out your own child support and spousal maintenance agreements. Your co-parent has held up her part of the agreements. Now, however, she has quit her job and taken a lower-paying position that she says fulfills her emotionally and is less draining mentally. It does mean that she has less to contribute financially. Is this fair? Can you ask a judge to force your co-parent to get another high-paying job?
When you are facing divorce, you are probably not looking forward to the property division process.
If a family business is involved, you may already feel overwhelmed. However, the more you know about what to expect, the easier it will be to get through it.
Your animals are essential to your family. They provide comfort, entertainment and probably occasional frustration, and the idea of parting with your beloved pet is distressing. Along with decisions about how to divide money, property and possessions, pet owners must decide what to do with their companion animals.
Deciding what to do with the furry members of your family during a divorce is a difficult decision for most couples. Both spouses have cared for the animal and developed a strong attachment. Most couples decide who will be keeping the pets outside of the courtroom, but for those that cannot judges step in and make a final decision.
Divorce is an emotionally draining process, especially when it comes to the serious matter of splitting up marital property. You just want to put the whole thing behind you, but you must proceed carefully.
Some divorcing couples have significant assets, and the higher the net worth, the more opportunity there is for error. If you are in this position, here are four common mistakes to avoid.
If you and your spouse have decided to go your separate ways, you probably see property division as one of the most concerning elements of divorce.
The prenup jokes have been around as long as there have been prenups. "What do you get for a woman who has everything? A prenup." A Hollywood divorce attorney once said a celebrity who doesn't draw up a prenuptial agreement needs a psychiatrist, not a lawyer.
However, for many couples looking to get married, a prenup can be a very serious safeguard in case the marriage does not last.
The posts and pictures you share online can show up as evidence in your divorce case. If you have nothing to hide, that should not bother you.
However, if you tell the court how broke you are, you should not be posting photos of your trip to Hawaii with the new love in your life.
Unfortunately, you lost your job. However, you have just started a new job with better prospects for the future. The only problem is that the starting pay is lower than what you had been earning.
The new company will not consider a salary increase until you complete the six-month probationary period. Meanwhile, the amount of the monthly child support payments you are making will be hard on your budget. Consequently, you are going to request a modification to the existing child support agreement you have with your ex-spouse, and you wonder if the court will approve it.
During a divorce proceeding in the state of Illinois, there are three types of alimony, or maintenance, that the court may consider awarding.
Several factors influence the type that may apply to a particular situation.
Call or email us for a free 30-minute consultation at our Libertyville office.
Bold labels are required.
Beermann Law Group, Ltd.
728 Florsheim Drive
Libertyville,
IL
60048
Phone:
847-680-7070
Fax:
847-816-6122
Libertyville Law Office Map
